BSEChambal Breweries & Distilleries Ltd· Commercial Services & SuppliesHighNegative
Announced Tue, 18 Nov, 2025 · 19:09 IST

Intimation of Resignation of Mr. Lalit Modi from the post of Company Secretary and Compliance Officer

Kmp ResignedManagement Changes View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-2.0%Reaction day
₹39.85
prior close
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announcement price
After-mkt
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Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-1.8% vs market
Trading & Distributors peers, median of 126sector-0.1%-1.9% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 1.9 pts less than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 126Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Chambal Breweries & Distilleries Ltd has informed the BSE that Mr. Lalit Modi has resigned from the position of Company Secretary and Compliance Officer, a Key Managerial Personnel (KMP) role, effective close of business hours on November 18, 2025. He cited pursuing alternate career opportunities outside the organisation as the reason for his exit. The intimation to the exchange was signed by Nitish Neniwal, who appears to have taken over the Company Secretary and Compliance Officer responsibilities. The resignation was made under Regulation 30 of SEBI Listing Regulations with full disclosure details enclosed.

Likely market impact

This is a routine KMP-level change at the compliance/secretarial function and does not directly impact operations or financials, but it creates a brief governance gap that investors may monitor for timely appointment of a permanent replacement.